WNS (NYSE:WNS) Shares Down 5.4%

WNS (Holdings) Limited (NYSE:WNS - Get Free Report) was down 5.4% on Monday . The stock traded as low as $48.12 and last traded at $48.58. Approximately 92,936 shares traded hands during trading, a decline of 75% from the average daily volume of 375,859 shares. The stock had previously closed at $51.34.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Citigroup lifted their price target on WNS from $73.00 to $76.00 and gave the stock a "buy" rating in a research report on Wednesday, January 17th. StockNews.com lowered WNS from a "buy" rating to a "hold" rating in a research report on Tuesday, April 2nd. Barrington Research reiterated an "outperform" rating and issued a $72.00 target price on shares of WNS in a research note on Monday. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $80.00 target price on shares of WNS in a research note on Friday, March 1st. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $85.88.

WNS Stock Performance

The company has a market capitalization of $2.27 billion, a price-to-earnings ratio of 14.45 and a beta of 1.04. The stock has a fifty day moving average price of $55.32 and a two-hundred day moving average price of $60.02. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.14.

WNS (NYSE:WNS - Get Free Report) last released its earnings results on Thursday, January 18th. The business services provider reported $0.98 EPS for the quarter, beating the consensus estimate of $0.80 by $0.18. The firm had revenue of $315.90 million during the quarter, compared to analyst estimates of $313.21 million. WNS had a return on equity of 21.71% and a net margin of 12.59%. As a group, analysts forecast that WNS will post 3.44 EPS for the current fiscal year.

Institutional Investors Weigh In On WNS

Institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in shares of WNS by 16.8% during the 1st quarter. JPMorgan Chase & Co. now owns 4,215 shares of the business services provider's stock worth $361,000 after acquiring an additional 607 shares in the last quarter. Raymond James & Associates bought a new position in WNS during the first quarter valued at about $433,000. Citigroup Inc. grew its position in shares of WNS by 2.2% in the first quarter. Citigroup Inc. now owns 15,150 shares of the business services provider's stock valued at $1,295,000 after purchasing an additional 333 shares during the last quarter. Canada Pension Plan Investment Board grew its position in shares of WNS by 72.1% in the first quarter. Canada Pension Plan Investment Board now owns 48,700 shares of the business services provider's stock valued at $4,163,000 after purchasing an additional 20,400 shares during the last quarter. Finally, Baird Financial Group Inc. grew its position in shares of WNS by 21.8% in the first quarter. Baird Financial Group Inc. now owns 44,046 shares of the business services provider's stock valued at $3,765,000 after purchasing an additional 7,878 shares during the last quarter. Hedge funds and other institutional investors own 97.36% of the company's stock.

WNS Company Profile

WNS (Holdings) Limited, a business process management (BPM) company, provides data, voice, analytical, and business transformation services worldwide. The company operates through two segments, WNS Global BPM and WNS Auto Claims BPM. It offers industry-specific services to clients primarily in insurance; diversified businesses, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; travel and leisure; healthcare; utilities; shipping and logistics; Hi-tech and professional services; and banking and financial services.